AS VEGAS: Electronics giant Sony unveiled Tuesday a new prototype of its Vision-S electric vehicle and announced the founding of a company to explore jumping into the rapidly growing market. The Japanese firm, better known for its TVs and video game consoles, will create the Sony Mobility subsidiary in spring 2022 as it weighs entering … Read more
ISLAMABAD: Daraz aims to host up to 300,000 small to medium enterprises (SMEs) in two years, its CEO said, as the firm seeks to bolster its position in its home market in the face of potential competition from global giant Amazon, Reuters reported. E-commerce growth in the country of 220 million is yet to take off fully, … Read more
TOKYO: Japanese car giant Honda revised its annual profit forecast downwards on Friday, warning it sees no immediate end to the chip shortage and supply-chain issues impacting automakers worldwide. The announcement came as the firm logged a drop in net profit in the July-September quarter, although the first-half net profit was buoyed by stronger results seen … Read more
